Prime Minister Nguyen Xuan Phuc welcomed SoftBank – the largest financial services group of Japan – to expand investment in Vietnam, which has an increasingly improved business environment and the fastest economic growth in the region and the world.
Most domestic credit institutions and foreign banks’ branches in Vietnam expect their business performance in 2019 to be better than last year despite the predicted slowdown in credit growth, according to the State Bank of Vietnam's latest survey released late last week.
Most of credit institutions have expected better business performance for the fourth quarter as well as the whole of 2019, according to a recent survey by the State Bank of Vietnam.
Being unable to recruit skilled workers, some shipbuilding businesses currently have to hire seasonal workers, which has cost them time to provide training and greatly affected their business plans.
About 22.7 percent of construction firms said they performed better in Quarter 3 while 40.9 percent said their business remained stable, according to the General Statistics Office (GSO).
The State Bank of Vietnam (SBV) has instructed local banks to better control risks in corporate bond investment, especially bonds of real estate firms.
The Ministry of Planning and Investment is collecting opinions on a draft study report proposing the inclusion of the Sustainable Development Goals in the development strategy for 2021 – 2030.
Since 2016, the equitisation and divestment have been carried out at 35 out of 127 State-owned enterprises (SOEs), equivalent to 27.5 percent, while 88 out of 405 firms have completed divestment.
Taiwanese FDI firms in the southern province of Binh Duong reported that they are having troubles recruiting workers, in a meeting with local administration on August 21.
Deputy Prime Minister Trinh Dinh Dung highly evaluated proposals of cooperation in exploring and exploiting oil and gas made by President and CEO of the JX Nippon Oil & Gas Exploration Corp (JX NOEX) Hiroshi Hosoi during their meeting in Hanoi on August 21.
The set of Principles of Best Corporate Governance for all public companies in Vietnam was publicised by the State Securities Commission of Vietnam (SSC) at the Ho Chi Minh Stock Exchange (HOSE) on August 13.
Building a positive company culture is not only building a business brand and a national image, but an effective bridge for local enterprises to sustain development and integrate successfully into the global economy.
The Vietnamese stock market suffered during the week from July 29 to August 2 after having rallied for four consecutive weeks amid negative news from the international markets.
Vietnam’s biggest dairy company Vinamilk said on August 2 that it is maintaining the leading position in Forbes Vietnam’s list of top 50 brands in 2019, with its brand value exceeding 2.2 billion USD.
After Vietnam signed a bilateral free trade agreement with the European Union (EU), many Japanese enterprises expressed their optimism about business opportunities that the deal could bring to the Southeast Asian market.
If banks cannot increase charter capital, they’ll have to reduce credit growth, which could harm the provision of capital to serve economic development.
Politics
